NZ wine tax payments introduced
By Wine Atlas, Saturday 25 June 2005 :: Wine - New-Zealand :: #13 :: rss
Laws that will mean Australian taxpayers will pay New Zealand wine producers a small subsidy have been introduced into parliament.
Assistant Treasurer Mal Brough introduced a series of tax law amendments, covering the child care rebate, deductible gift recipients and a schedule that will help the Australian Bureau of Statistics access more information from the tax office.
But it also includes a change to the wine equalisation tax (WET) system that follows pressure from New Zealand.
In 2004, the government - following pressure from Australian wine growers - introduced a rebate for most growers to help offset the impact of WET...
© 2005 AAP
Source : theage.com.au
